Zhongtong Financial News APP reported that Anacle (08353) released its annual performance as of May 31, 2024. The group's revenue increased by 12.19% to 26.7003 million Singapore dollars; the shareholders' attributable profit increased by 58.47% to 0.5931 million Singapore dollars; and the basic earnings per share were 0.15 Singapore cents.

The announcement stated that the growth in subscription and support service income for the 2024 fiscal year was mainly due to an increase in the number of new customers, the expansion of the product range sold to existing customers, and strong customer renewals. Pricing was not a significant driver for income growth during these periods.

The decline in professional service income was mainly due to reduced demand for large, multi-year transformation projects and delays in some cases. These trends may continue in the short term.